Zoom (TSE:6694) Cyclically Adjusted Book per Share: 円1,377.20 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6694 Zoom Corp TSE:6694
66 GF Score
Price 円638.00
GF Value 円776.83
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Zoom Cyclically Adjusted Book per Share?

Zoom TSE:6694 66 Cyclically Adjusted Book per Share is 円1,377.20 as of Dec. 2025. GuruFocus rates TSE:6694 with a GF Score™ of 66/100 and a GF Value™ of 円776.83 (Modestly Undervalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Zoom's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was 円1,304.276. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,377.20 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Zoom's average Cyclically Adjusted Book Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-14), Zoom's current stock price is 円 638.00. Zoom's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was 円1,377.20. Zoom's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Zoom was 0.87. The lowest was 0.46. And the median was 0.47.


Zoom  (TSE:6694) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Zoom's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=638.00/1377.20
=0.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Zoom was 0.87. The lowest was 0.46. And the median was 0.47.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Zoom Cyclically Adjusted Book per Share Related Terms


Zoom Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Zoom's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zoom Cyclically Adjusted Book per Share Chart

Zoom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1,224.53 1,332.33 1,377.20

Zoom Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,332.33 0.00 0.00 1,377.20 0.00

TSE:6694 vs AAPL: Cyclically Adjusted Book per Share Comparison

For the Consumer Electronics subindustry, Zoom's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zoom Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Zoom's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zoom's Cyclically Adjusted PB Ratio falls into.


TSE:6694
66GF Score
Zoom Corp TSE:6694
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zoom Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Zoom's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1304.276/113.0000*113.0000
=1,304.276

Current CPI (Dec. 2025) = 113.0000.

Zoom Annual Data

Book Value per Share CPI Adj_Book
201612 1,012.127 98.400 1,162.300
201712 1,002.209 99.400 1,139.332
201812 1,037.865 99.700 1,176.316
201912 1,064.368 100.500 1,196.752
202012 1,142.370 99.300 1,299.978
202112 1,363.862 100.100 1,539.624
202212 1,513.833 104.100 1,643.258
202312 1,540.211 106.800 1,629.624
202412 1,646.329 110.700 1,680.535
202512 1,304.276 113.000 1,304.276

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of 円1,377.20 mean?
Zoom (TSE:6694) has a Cyclically Adjusted Book per Share of 円1,377.20 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Zoom and its competitors.
Is Zoom's Cyclically Adjusted Book per Share too high?
Zoom's current Cyclically Adjusted Book per Share is 円1,377.20. Overall, Zoom has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoom's Cyclically Adjusted Book per Share compare to AAPL?
Zoom's Cyclically Adjusted Book per Share of 円1,377.20 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Zoom and its competitors. Zoom's current Cyclically Adjusted Book per Share is 円1,377.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoom stock overvalued right now?
Based on GuruFocus' analysis, Zoom (TSE:6694) is currently considered Modestly Undervalued. The stock's GF Value™ is 円776.83, compared to a current price of 円638.00 — trading 17.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円1,377.20. Zoom's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Zoom (TSE:6694), the current Cyclically Adjusted Book per Share is 円1,377.20 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zoom (TSE:6694) Overvalued in 2026?

Based on GuruFocus' analysis, Zoom stock appears to be undervalued. The current stock price of 円638.00 is trading 17.9% below its estimated GF Value™ of 円776.83. GuruFocus considers Zoom to be Modestly Undervalued.

Key valuation signals for TSE:6694:

  • Cyclically Adjusted Book per Share: 円1,377.20
  • GF Value™: 円776.83 vs. price of 円638.00 (17.9% below fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TSE:6694 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zoom Business Description

Address 4-4-3 Kanda-surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Zoom Corp develops and distributes electronic musical devices. It produces recording devices, including a line of portable handy recorders as well as multi-effects processors, effects pedals, drum machines and samplers, mobile device accessory, audio interface, professional field recorder.
66GF Score

Get the complete analysis for TSE:6694

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円638.00
Price
円776.83
GF Value